$USDC As of May 2025, the cheapest currency in the world relative to the US dollar is the Lebanese pound (LBP). As of May 28, 2025, the exchange rate is about 0.000011 USD for 1 LBP, which means that for 1 dollar you can get approximately 89,598 Lebanese pounds.
In second place for low value is the Iranian rial (IRR) with an official exchange rate of about 42,112 IRR for 1 dollar. However, on the black market, the rate can reach 514,000 IRR for 1 dollar.
Third place is held by the Laotian kip (LAK), with an exchange rate of approximately 15,079 LAK for 1 dollar.
These low exchange rates are due to economic crises, hyperinflation, and political instability in the respective countries.
